Brexit Threatens To Burst London's Fintech Bubble

Law360, London (June 24, 2016, 5:02 PM BST) -- Britain's vote to split from the European Union threatens London's trailblazer role in developing and regulating the technology behind virtual currencies, widely deemed the new frontier in global finance.

 

The country is allowed two years under the EU Treaty to negotiate its future relationship with the bloc, including financial regulation. But many legal experts predict talks lasting much longer, leaving an extended period of uncertainty.

"We really are in uncharted territory and the only thing that is certain is there will be a long period of turbulence," said Lucy Frew, head of financial regulatory at London law firm Kemp Little...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!